KUALA LUMPUR (June 15): Prasarana Malaysia Bhd will begin to award the first batch of work packages for the upcoming RM9 billion Light Rail Transit Line 3 (LRT3) in the next two to three months.
• This week, the spotlight falls on the secondary market of non-landed residences in Tropicana and Sunway Damansara in Selangor.
VIEW VIDEO WHAT do the burgeoning townships of Bandar Utama, Mutiara Damansara and Damansara Perdana have in common? Apart from being in Petaling Jaya and the Klang Valley’s prime property markets, they are some of the first suburbs in the country to be designed around the cathedral of consumer life: the shopping mall.
These are the price growth trends and indicative asking rental yields for non-landed residences in Damansara/Bandar Utama.
We continue our focus on Damansara /Bandar Utama by looking at average prices on a per square foot (psf) basis.
As one of the Klang Valley’s most popular urban centres, non-landed residences in the Damansara/Bandar Utama areas comprise mostly of condominiums targeted to the upper-middle class segment.
This week’s spotlight falls on the non-landed residential property market in the prime Damansara area of Petaling Jaya.